Mountain Grove, MO is a great place to buy a home. The median value of the housing in Mountain Grove is $141,300, which is much lower than the US house median value of $338,100. Furthermore, the one-year house appreciation rate for Mountain Grove has been 16.70%, which is more than double the US one-year house appreciation rate of 8.27%. All this points to a strong and vibrant housing market in Mountain Grove that can offer buyers an affordable option with potential for good returns on their investments.
The median home cost in Mountain Grove is $141,300. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Mountain Grove is up 20.0%.
Average Age of Homes
- The median age of Mountain Grove real estate is 40 years old
The Rental Market in Mountain Grove
- Renters make up 35.7% of the Mountain Grove population
- 4.8% of houses and apartments in Mountain Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.